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Post# of 45585
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Re: crstphr2 post# 40601

Wednesday, 05/04/2005 12:36:25 PM

Wednesday, May 04, 2005 12:36:25 PM

Post# of 45585
I would disagree. If a NSS position exists, I don't think those are relevant to the discussion. The company needs to show how many shares they issued, period. If they issued 800 billion shares and there are 1.6 trillion shares in peoples accounts that’s not relevant to the financial statement. They are hiding behind this NSS issue, rather than proving it exists by showing the shares they have issued. Maybe, just maybe, there is no NSS and they have issued all of the shares that are out there, regardless of their authorized share counts. That's JMHO, however. So far, it appears they have been denied by the judge every motion they have made. Even IBM didn't want to go to the hearing and the motion for his subpoena to be revoked was denied!
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